Fibonacci Analysis: Fibonacci analysis evaluates the short term (30 days) intermediate term (60 days) and long term trends (120 days) and retracements. Stocks that retrace 38.2% or less of a trend will usually continue the trend. Retracements exceeding 61.8% indicate a reversal. Alerts will include ABC's up/down (multiple 38% retracements) and various reversal signals.
Time FrameTrend38.2%50%61.8%
Long 54.86 to 30.56 39.3 (35.97%) . .
Intermediate 53.02 to 30.56 39.3 (38.91%) . .
Short 30.56 to 40.11 . . 33.16 (72.77%)